Lockheed Martin, Rheinmetall to jointly produce ATACMS missiles in Germany

Lockheed Martin and Rheinmetall signed an MoU to jointly produce ATACMS missiles in Germany, marking the first ATACMS manufacturing outside the U.S. The cross-border defense production effort is likely to support long-run defense supply commitments and could be supportive for both firms’ order visibility. Market impact is moderate-to-high given the strategic nature of missile industrialization.

Analysis

Lockheed Martin and Rheinmetall signed an MoU to jointly produce ATACMS missiles in Germany, marking the first ATACMS manufacturing outside the U.S. The cross-border defense production effort is likely to support long-run defense supply commitments and could be supportive for both firms’ order visibility. Market impact is moderate-to-high given the strategic nature of missile industrialization.